BFM Podcast

Shoring Up Government Finances

Tan KW
Publish date: Wed, 08 Sep 2021, 11:48 AM
Shoring Up Government Finances

08-Sep-21 08:30

Carmelo Ferlito, CEO, Center for Market Education (CME)

Finance Minister Tengku Zafrul Aziz proposes to raise the debt ceiling from 60% to 65% of GDP to have more buffer to fight the pandemic. Carmelo Ferlito, CEO, Center for Market Education discusses why borrowing more is a bad idea and the alternative including fiscal measures.

Image credit: Shutterstock.com

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